The Nikkei Average fell sharply immediately after trading began, declining by more than ¥1,800 at one point and falling below the ¥65,000 mark. More than 90% of listed stocks are declining.
The Nikkei Average's decline briefly exceeded ¥1,800, and it fell below the ¥65,000 mark during the day. More than approximately 90% of stocks across the market are declining.
Long-term interest rates continued to rise, reaching the 3% range as expectations grew that the Bank of Japan would raise interest rates. The yen's weakening trend and the impact of falling bond prices also contributed to accelerating the decline in share prices.
The exchange of attacks between the United States and Iran over the situation in the Middle East was cited as a factor behind the rise in crude oil futures prices. Together with deteriorating investor sentiment, this intensified downward pressure across the market.